Plan Ledger DOL Form 5500 · updated monthly

Cofreight, Inc.401(k)

COFREIGHT, INC. RETIREMENT PLAN · WALNUT, CA · plan year 2022

Reported admin expense ratio · 2022
2.38%

Peer grade: D · admin costs + employer contributions vs same-size plans · how grading works

Cofreight, Inc. reported $2,902 in plan administrative expenses for 2022: 2.38% of average plan assets, higher than ~75% of peers. Employer contributions averaged $0 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

The plan sits in the under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other transportation & warehousing employers. By assets it is among the smaller plans on file in California (9,299th of 9,483), and 2,607th of 2,677 in transportation & warehousing.

Plan summary
Net assets, end of year$149,270
Participants with balances30
Active participants283
Employer contributions$0
Employee contributions$103,932
Employer contribution per active participant$0
Average account balance$4,976
Benefits paid to participants$26,332
Plan auditUnmodified (clean) audit opinion
AuditorSCOTT MILLER CPA & ASSOCIATES INC.
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$2,902
Total administrative$2,902
The Cofreight, Inc. 401(k) match · 2022
Employer contribution per active participant$0
Median for plans this size$331

Cofreight, Inc.'s 2022 employer contribution ran below the $331 median for plans its size, in the bottom quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$2,902 · 2.38%
Same employer
Similar plansTransportation & Warehousing · California
Elsa Logistics LLC CA$208K · 0.46%
Bee Imagine LLC CA$183K · 2.72%
Dimo Gigi Logistics CA$175K · 0.86%
Aig Logistics, LLC CA$145K · 0.17%
Vx Logistics LLC CA$115K · 0.43%
Tw Services, Inc. CA$103K · 1.16%

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Source: U.S. Department of Labor, Form 5500 series, EIN 473664953 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.